Four days ago I published a chart for-PYPL. Here is what I wrote: I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractal (green box). 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE, below CHOP, is green, indicating up trend. 4. The alligator, YOUR COMPASS,...
I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractal (green box). 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE , below CHOP, is green, indicating up trend. 4. The alligator, YOUR COMPASS, is feeding in the uptrend. 5. The Ichimoku Cloud (black)...
Main signal formation: double bottom Buy 38.66 (neck's breakout) Stop-loss 36.27 (-1 tick under double bottom) Target #1 41.00 Target #2 42.50
At the same time there is a resistance level that has been tested several times.
Clear ascending triangle formation. NASDAQ:PYPL
Wegen dem Visa-Card Deal haben wir hier eine übertriebene Reaktion auf den Kurs gesehen, so dass sich ein Gap gebildet hat. Die Wahrscheinlichkeit, dass sich dieses wieder schließen wird, ist ziemlich hoch.
If PYPl gaps into a red box, more bearish. Green box, marginally bullish.
My first long trade with this stock was a failure as I closed my position below $37 with some 6% loss. Now PAYPAL is showing great strength. I will wait for some pull back to open long again. The SL is clearly below $34
PYPL closed below the 200 SMA One could do this with shares or Aug puts
Shorted days ago, waiting for results
We stopped at the 38 % retracement of the upmove and are now heading back up.